Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (114749)	1/8/2001 3:11:48 PM
From: craig crawford	Read Replies (2) \| Respond to of 164684

Not my fault you bought after the first cut and had to pay up. The market rarely rewards you for buying after the news. If you bought stocks earlier at better prices you would be better off. >> Fact is, the market is not reacting anything like it did in October 98, NOT EVEN CLOSE. << Actually the market rallied in '98 ahead of the first cut, then sold off to new lows until Greenspan cut a second time. Only after he cut a second time did the market explode and it never looked back. That is probably the basis for Victor's argument that you buy the second ease. There is an article on this very argument here The Daily Chartist: History Points To a Second-Easing Rally By Helene Meisler Special to TheStreet.com 1/8/01 8:31 AM ET thestreet.com >> So your definition of "uptrend" is "not right at the 52-week low"?? << Well we closed at 2291.86 January 2nd and we are higher now so is that not an uptrend since Jan 2nd? We hit 2251 intraday on the next day, and we are higher than that now right? So since 1/2-1/3 we are still in an uptrend. The broad tech market has been in an uptrend since 12/20 and the NYSE even longer than that.

To: Kevin Podsiadlik who wrote (114749)	1/8/2001 3:23:52 PM
From: craig crawford	Respond to of 164684

Not only that, but 3 of the 5 stocks I hold calls on are higher than when I bought them. ORCL, YHOO, and AMAT. CSCO is essentially even, INTC is less than a point lower than where I bought, and SUNW is higher on some of the options and about 1 point lower from where I bought some more. So you could call that around even as well. Of course I have lost a lot of time premium on those options, but I am comfortable with my strategy. If you bought stock when I bought calls over the last 2 weeks you would probably be up right now! (Remember I said I was buying calls, but that's for me. Other people might be more comfortable buying stock). So bottom line, when I look at my stocks I see a trend upwards.

To: Kevin Podsiadlik who wrote (114749)	1/8/2001 5:44:21 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Greenspan wanted the market bubble to pop.Now that he got most of what he wanted the FED can move to keep the economy from slipping into recession. The high degree of speculation by investors caused problems with eqauity allocation in the economy - too much money was chasing pipe dreams like Amazongonenutty.com.